MOUNT KNOWLEDGE HOLDINGS, INC. SIGNS A LETTER OF
INTENT TOACQUIRE A LEADING U.S. BASED E-LEARNING COMPANY, SERVICING THE
U.S.FEDERAL GOVERNMENT AND LARGE CORPORATE CLIENTS

Novi, Michigan – June
27, 2011– Mount
Knowledge Holdings, Inc. (MKHD) an educational software
development, sales and training company offering proprietary
learning products and training services worldwide, announced that
on May 27, 2011, it executed a Letter of Intent with C 2
Technologies, Inc. (C 2 ) of Vienna, VA, to purchase one
hundred (100%) percent ownership of the company including all of
its intellectual property.

“We are thrilled to be
acquiring a recognized market leader in e-learning technologies for
human performance improvement, which is proudly servicing most U.S.
Federal Government agencies as well as several Fortune 500
companies. C 2 ’s award-winning technology and
product implementation will allow us to quickly expand towards our
vision of becoming a global provider of e-learning technologies for
enhancing human performance, to governments, corporations, schools,
and direct consumers,” stated Daniel A. Carr, President and
CEO of Mount Knowledge Holdings, Inc.

“C 2 ’s
established operating history, growing revenue, solid existing
contract base and proprietary technologies will assist us in
creating a broader global presence in each of our market
niches.” “We believe that the impact of combined
technologies and teams at C 2 and Mount Knowledge, will
lead to industry defining technolog

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